UPS (NYSE: UPS) reported second-quarter 2021 financial results before the regular market hours on Tuesday. The package delivery company reported Q2 revenue of $23.4 billion, up 14.5% year-over-year and higher than the Wall Street projection. Net income of $3.06 per share was also above the target that analysts had anticipated.
UPS shares were down 1% immediately following the announcement. The stock has gained 28% since the beginning of this year.
